DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Bitcoin CryptoGazette

Important Crypto Strategist Predicted Massive Strength For Bitcoin

It’s been revealed th4e fact that there is an important crypto strategist that went off Jerome Powell FOMC speech and predicted a time of massive strength for Bitcoin. Check out the following reports below. Massive stren...

Important Crypto Strategist Predicted Massive Strength For Bitcoin

It’s been revealed th4e fact that there is an important crypto strategist that went off Jerome Powell FOMC speech and predicted a time of massive strength for Bitcoin. Check out the following reports below.

Massive strength for Bitcoin ahead

A widely followed crypto analyst is going off on Jerome Powell’s latest Federal Open Market Committee (FOMC) rate hike and speech but sees a silver lining for digital gold Bitcoin (BTC).

Crypto trader Michaël van de Poppe said that he thinks this will be the Fed’s last rate hike.

“The biggest joke is the fact that Jerome Powell says that the banking system has improved and is healthy, sound and resilient.”

He continued and said the following:

“It’s the weakest it has ever been and another few banks have been falling apart after market.

This was the last hike.”

Van de Poppe especially takes issue with Powell’s assertion that the US banking system is in a good place right now.

“Jerome Powell:

‘Banking sector has improved and is healthy.’

Haha.”

Bitcoin to see a massive surge  – New BTC price predictions are out

There are some new juicy predictions out, and they are really optimistic.

It’s just revealed the fact that the popular crypto analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) over the coming weeks.

Svenson said recently that Bitcoin could go parabolic if it repeats a similar pattern seen months before the last halvening.

According to the popular crypto analyst and trader, Bitcoin could surge by over 65% from the current level.

“Bitcoin is now creating a higher low right along our parabolic curve which could create the next major impulse up towards $48,000…”

He continued and said this:

“That means that Bitcoin in theory has another 65% from here to the next target of $48,000. That is a 65% move, that is a tremendous opportunity if it does in fact play out…”

Original source

Read on CryptoGazette

Related market context